Companies can optimize their IT spend by implementing better contract and spend visibility. By having a clear and comprehensive view of their IT contracts and spending, businesses can identify opportunities to reduce costs, negotiate better deals, and align their technology investments with their business goals. Optimizing IT spend can be a challenging task for companies, […]
The use of historical data can be incredibly valuable for advanced modeling of facilities management. This type of data allows organizations to make more informed and accurate decisions about how to maintain, operate, and optimize their facilities. One of the key benefits of using historical data for advanced modeling of facilities management is the ability […]
In today’s business environment every dollar counts. Utility costs are no different. According to Consumer Price Increase data released in January by the U.S. Bureau of Labor Statistics consumers paid an average of 14.3% more for electricity in 2022 than in 2021. That is double the overall rate of inflation for the same time period. […]
Enterprise IT can often be complex and overwhelming, with a plethora of systems, tools, and processes that need to be managed and maintained. Simplifying enterprise IT can help organizations to improve efficiency, reduce costs, and increase productivity. Here are 4 strategies that can be used to simplify enterprise IT: First, consolidate and standardize your systems […]
The Internet of Things (IoT) is a network of physical devices, such as sensors and devices, that are connected to the internet and can collect and exchange data. Advanced analytics, on the other hand, is the use of sophisticated statistical and computational techniques to extract insights and knowledge from data. When combined, IoT and advanced […]
Organizations can reduce their utility costs by implementing better management of invoices, approvals, and automated payments. By streamlining these processes, businesses can save time and money, freeing up resources for other important work. One way to reduce utility costs is to improve the management of invoices. This can involve implementing a system for tracking and […]
One of the easiest ways companies can optimize their IT spend is by implementing better contract and spend visibility. By having a clear and comprehensive view of their IT contracts and spending, businesses can identify opportunities to reduce costs, negotiate better deals, and align their technology investments with their business goals. There are a few […]
Facilities management is a critical part of any organization, as it involves overseeing and maintaining the physical environment in which the organization operates. This can include everything from managing building systems and equipment to coordinating cleaning and maintenance services. Traditionally, facilities management has relied on manual processes and paper-based systems for tracking and managing tasks. […]
One of the biggest challenges facing large corporations in 2023 will be managing their utility costs. Organizations lose millions each year in incorrectly billed and processed utility invoices. As the cost of energy continues to rise, businesses will need to find ways to reduce their consumption and lower their bills. This can be achieved any […]